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Has anyone ever been sued by chase or MBNA? How long did it take for them to sue you? I know that every company has the right to sue you but I've heard that Citi is usually the only one that takes the time and funds to do it.




How much is the total amount of debt you owe? I don't think they will file a case if the debt is too low to cover the court costs and attorney fees. Even if it is done, you can work out arrangements outside the court. Cover your basis with proper documentation so that you can prove your responsibility in front of the judge

Sub: #1 posted on Thu, 06/08/2006 - 12:09

Gretchin Gretchin

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I owe MBNA 19k and chase 6k. I want to try and settle though

Sub: #2 posted on Thu, 06/08/2006 - 12:10

mattyk151 mattyk151

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Have you offered your payment proposal to both of these companies. Explain your financial problems and work out easy repayment options with them. Remember, they will like to have their money back and taking the matter to the court is an expensive matter and not an easy solution. Give your negotiations a good touch. If possible, send some money in advance along with your proposal. If they cash the check, your proposal will be considered as accepted. Also, send letters certified with return receipt requested.

Sub: #3 posted on Thu, 06/08/2006 - 12:39

Gretchin Gretchin

(Posts: 482 | Credits: )

I am almost 12months late. chase with 1,800 and 12,000 and I just received arbitration letters from their lawyer. so yes they will try to settle 75% of the balance.

Sub: #4 posted on Thu, 06/08/2006 - 13:26

quietsound quietsound

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You can still settle the matter outside the court. Have you discussed the issue with a debt counselor. He might be able to arrange a settlement for you with these companies. Compare your options before you make the final decisions. You will have to be quick with your actions as the court date is likely to be fixed

Sub: #5 posted on Thu, 06/08/2006 - 14:07

Gretchin Gretchin

(Posts: 482 | Credits: )

CitiBank, MBNA, Applied Card Bank......they will all follow suit......Citibank is the toughest then MBNA, then the rest. I don't mean to be negative here about all of this but i don't think it's fair to lead anyone down the primrose path either. now in most cases these companies want to work with you because they don't want it to actually go to court. you may get an actual court date and that does NOT mean they still can't dismiss it. Heck, i had to do citibank by myself since I was ditched by my rep at Lawgistix...If your interested in how i did this i can tell you ........but if your not interested I don't want to waste the time typing it all out.

The most important thing to remember is that you won't go to jail and this is really not a big deal. i mean yes it's stressful with the money situation but it can be worked out here. how many debts do you have again....see, i have over 60 accounts with 23 in R9 status. that's charge offs so i do know what i'm talking about here.

Sub: #6 posted on Thu, 06/08/2006 - 14:43

quietsound quietsound

(Posts: 50 | Credits: )

HSBC is another that will sue.

Sub: #7 posted on Thu, 06/08/2006 - 14:45

Not so Lucky Not so Lucky

(Posts: 3041 | Credits: )

I haven't offered anything yet. I am current on all my payments, but not for long

Sub: #8 posted on Fri, 06/09/2006 - 08:05

mattyk151 mattyk151

(Posts: 24 | Credits: )

If you're current can you contact them and explain the situation and see if they will work with you before you get behind? I would at least try that, they may be able to help you before you get behind. I think that being proactive is the best way to handle situations. Just my opinion.

Sub: #9 posted on Fri, 06/09/2006 - 08:14

CycloneFan CycloneFan

(Posts: 1155 | Credits: )

my husband make 96 payments and has only 4900,00 to pay.one day they refuse(chase) accepted payments from him and he continue try to pay chase and academy send us a bill of9128.85 and other debt collector send a bill for 5000,00 in the same time.i have the other debt collector charge here and i dont find now. i know that academy collection service,inc helps the lawyer make more bill for us;11.000,00 with fees of the court.i have proof here that my husband overpaid this account but i didnt take any proof to this court because i didnt know debt consolidation care forum.the lawyer begin to send letters here that go to take my husband to the court.i didnt show my husband the letters(blind)and when the oficial (guard)came in the building scream about the day of the court.i just was think in one thing:revenge!we went to the court with all his papers like social security disability earnings(599,00) and welfare papers.my husband has a collection of credit cards that he pays when he had good vision and has a 1000 for week in nyc about 13 years ago.i didnt spoke because i dont speak good english and in front of the judge you have to be in silence and only answers what the judge ask you and the judge was asking my husband ,not me.I ONLY HANDLE TO THE JUDGE PAPERS OF MY HUSBAND.the young lawyer was very nervous because he saw our situation.the judge say:this is a pretty OLD ACCOUNT AND NOTHING more.... the credit report of my husband(2006) says;chase na account 8917,00 and the fees disapear(11000) and go to be removed in 2008.this CHASE BANK CONTINUE TO CHASE US FOR APPLY for new accounts here.

Sub: #10 posted on Fri, 06/09/2006 - 08:56

Unregistered



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